Metal Gear Solid remake coming to PSP?

Does Konami possibly have a remake of the original Metal Gear Solid title in the works?

After the recent releases of Metal Gear Solid: Portable Ops Plus and Silent Hill Origins, it seems like Konami is set to start working on a new title for Sony's handheld system.

Coming down the rumor mill is talks of a new Metal Gear title and speculation is that the title may take place in the earlier days of the Metal Gear universe. This may have some tie-ins with the upcoming release of Metal Gear Solid 4: Guns of the Patriots and its story being set in the future of the Metal Gear Solid series.

The original Metal Gear Solid was released in October of 1998 on the Sony PlayStation, with a remake releasing on the GameCube in the form of Metal Gear Solid: Twin Snakes in March of 2004.

Continuing the story in the series was Metal Gear Solid 2: Sons of Liberty released on PlayStation 2 which is now the prequel to the upcoming Metal Gear Solid 4: Guns of the Patriots to be released next year on the PlayStation 3.